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Newspaper
Gladewater Mirror
Location
Gladewater, Texas, United States of America
Date
Jan 07, 1971
Page
4
The Public Service Company of Colorado notes that one billion dollars placed in one dollar bills could encircle the earth nearly four times. It also states that a 300 mph airplane would complete one billion trips if it cruised nonstop for almost two years.
Subchapter S corporations let small firms avoid corporate tax with fringe benefits for employee stockholders. Starting 1970 the act limits tax free pension and profit sharing deductions to 10 percent of salary or 2500 dollars. Experts warn rules are complex and caution use without knowledge.
Readers list multiple holiday visits across towns including San Antonio Frankston and Dallas. Notables include the Keck and Owen families, the Dene Dymke clan in San Augustine Huntsville and Houston, the Spurriers in Longview, and Brint and Best families in Dallas, Houston Grapevine and Richardson. The Roughnecks set a January 8 game at New Diana and Patsy Bell and Bob Brody wed in Marshall.
Kilgore alters traffic flow by removing right on red signals and amber phases. City engineer Tommy Haynes notes signs will be removed and drivers must wait for green to turn right. City Manager Dewayne White cites conformity with the State Uniform Traffic Code.
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